sustainability
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A Houston startup that is developing a technology to detect methane leaks has moved on to Phase 2 of Chevron's business accelerator.
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Geothermal energy’s advantages make it popular across multiple sectors, from residential to industrial applications. Primary applications, namely electricity, direct use, and ground source heat pumps, offer diverse energy sources. Details of these and some unconventional applications are discussed.
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The company has acquired Dublin-based Enviroguide Consulting in an effort to increase its focus on environmental concerns.
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Advantages for conversion of nonactive oil and gas wells to geothermal wells include deferred plugging and abandonment costs, safety and environmental concerns, and potential energy production.
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The project aims to power subsea equipment with wave power and subsea energy storage. The two technologies have been deployed in the seas off Orkney, Scotland, and have begun a test program where they will provide low-carbon power and communication to infrastructure.
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In an assessment of efforts to meet a key Paris accord target, the International Renewable Energy Agency said the energy transition was currently "off-track."
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Research team pushes toward a framework for managing millions of abandoned oil and gas wells.
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Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.
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Under the new agreement, ExxonMobil will capture, transport, and store carbon from Nucor’s direct reduced iron plant in Louisiana.
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The innovations in the carbon removal space are gaining attention for their potential to curb global climate change, but they each face particular challenges in implementation.